The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-03-09

63@6ic.
/ oArMEAL-In half barrels, SOS q
from store.
CRACKERS - Soda, extra, 4c; soda
treble extra, 4ac; extra, 70; pingel
snaps, extra, DC; assorted jumbles, l0c
CRACKED WHKAr-In nsi barrels
81 % from store.
HoMISY AND GRrTs-From store, 5;
as %.
BEAss-Navy, 81 90; medium, 81 u
al 80.
KANSAS Cry, Mo-, March S.-wheat
qu'et; No. 2, red, ca4h, II! &c bi 4 T.; April
4 &c bid May, 743c bid. Corn-lower
No. 2, cash, 3Oac bid; April, 32C
asked; May, S2ac. Oats, nominal; 20.
bid.
ST. LOUIS, Mo, March S.-Flour
fairly active and strong; XXX, So SOFA
2 90: family, So 1908 25; choice,
So 65@3 IS; fancy, So 75@3 So; extra
fancy, So 90G4; patents, 81 2594 80.
Whest active, unsettltd and very ir-
regular; the market opened firm
and s@sc higher. hut coon weakened
and declined ll@lss, recovered a part
of the loss, but weakened sgain aud
closed B@l1c lower than Yesterday,
except May, which closed to over
No. 2 red, cash, 8l@sllc; May, S2I@
s3lc, closing at S2s +; June, S2ANSStc,
closing at 82sc ask d; July, S0s@Sl9
s &c, closing at S0sc; September, so
@S3t', closing at SIZE Cora dull and
weak, closing a@sc lower than yester.
dsy; No. 2, m xed, cash, S5io; April,
$50 , asked; May, $500 }6sc hid CLOSING
at $500 bid; June, sac bid. GAS
very dull and a shade easier; No. 2
mixed, cash, 2s4c; May, 2Ss02Sac.
Rye steady at t3c bid. Barley qdiet at
6S@62c. Hay dull and weak; prairie,
Stgl0; timothy, $l0913 so. Flax eed
strong at fl. Bran steady at 63c. Corn
meal active aud stronger at $292 O5.
RAceipls-Flour, 1000 brls; wheat,
5000 bu; corn, $4,000 bu; oats, $1,000
ou; rye, none; barley, 1900 bu.
Shipmsnts-Flour, 5000 brls; wheat,
ITO, 600 bu; corn, 12l 600 bu; oats, 5000
bu; rye, 1000 hu: barley, 1000 bu.
Afternoon Board.-Wheat very weak
and s@bc lower. Corn weak and t@
g. lower. Oats easy and a. lower.
CHICAGO, March 8-The spscu at on
which ia wheat has been steadily iu-
creasing for q week past jumped all
DIS today, and the scene in the pit
during both sessions YVES very wild.
There was continuati) IN Of the up.
ward IN ,vement from the start, the
fl tst sales for May delivery b ing made
at SS3c, or g. higher than last nights
followed by a quick advance
to 84sc, with free buyilg all the way
up. This was followed by a sharp de-
cline to S34 ;, followed by a0othef up
ward movement, which was not syed
until 86c had been touched. The
dealing was confaed almost entirely
to May delivery, the other options
being neglected and the outward evil
iences were such that "squeess" in
that month was to bs attempted. The
excitement in the pit during the ad.
vance was very great. "Shorts" were
alarmed and the "short"
interest IL now acknowledged to be 30
large that this advance of SIC from the
low prices current last week meant
profits and conse.
quent large losses among the
speculators. 1t was conceded
that the bull leaders who could pueh
wheat in the face of the heavy selling
and general y besrish tone OF the
market for months must be very
powerful and we'll EQUIPPED for a
light. The advance OF M W from 93lc
o 86c was almost ms ant ,Deous. The
,pinions as to the power under the ad.
vance we're as ma y almost as the
operators in the pit. After the top
was touched aud before it there was |
heavy selling by some OF the powers |
Identified with the bull side. The |
market slld off to ssh and clost d |
here at o'c ocs. Ia the at ernoou
lay rose again 10 86sc, but the offer
ngs suddenly grt W to be very large.
COR a time the m .rAet was bit ore
move f,om a panic. May start, d
n apparently roDR, but Immediately
'egan b eaking under enormous of.
eringS, and dropped by }c to $500
here was = combined soiid rush to
ell out. II a broser could not get
7hst he wanted for it no took what
10 could get arould 893c. Ths feel.
lg b came eadier and prices re-
overed 10 SAFE, tiga'Iy closing 1T
4bj. Everything except wheat
las entirely negl cted; the market
Notwithstanding the violent fuclu
ons, clio ed lie highe. than last
light. Ga the "Curo" late in the
iIernoon the price was SAFE. There
very broa1 suspicion tnat mol
yed combination coatemplates a
Fqlet ze' in whe It, bat the interest
" problem for spe ulstor tn deci ie
ow is, who Is under whest7" The
nth probably will be found 10 be
lat there are humber of C iques un-
or 1t. There IL Cincinnati, a San
rancisco, a New York, and Chicago
que under diff, rent sc ions OF 1t.
lay and June were quotsd at the
lme fignree at the opening, bnt Nay
one time commanded q premium of
sc over June, bnt this was reduced
H. at the close. The hest prices in
)rn were had early, when May WIS
)31. Later 1t got down to 59Bc, but
ward the close recovered a iule
ON this figure, selling at 40sc, There
ere no special features in the market
lou frmer, but not quot4bly higher
o. 2 spring whoa, Z i@S04c; No 3
BRING wheat, 733@74G; No. 2 red,
No. 2 cora, 34a@374c; No. 2
ate, :4c; No. Frye, she; No. 2 barley,
)960c; No, ii X.eed, IL 08 prime